YEARLY HIGH
0.0589 SVC
YEARLY LOW
0.0532 SVC
YEARLY AVERAGE
0.0561 SVC

2011 NGN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NGN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0589. Conversely, the yearly low was recorded on December 27, dropping to 0.0532.

This high-to-low spread represents a total annual volatility of 0.0057 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0573 to the December average rate of 0.0539, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0589 was up 0.54% compared to the 2010 peak of 0.0586, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 58,944 SVC
2010 Average 57,900 SVC
Yearly Trough Low 53,200 SVC
Transaction Impact: A difference of 5,743.45 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0578
0.0535
JanuMarcMayJulySeptNove

NGN to SVC Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0566, compared to 0.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0566
H2 Avg (Jul–Dec) 0.0557

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0028 SVC (High: 0.0589 / Low: 0.0561). On the other end, February was the most stable month, with a tight range of 0.0007 SVC (High: 0.0574 / Low: 0.0568).

August Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.0569) against the same month in 2010 (average: 0.0581), the exchange rate shifted by -0.0011 (-1.96%).

2011 Avg (August) 0.0569
2010 Avg (August) 0.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0576 0.0568 0.0573
February 0.0574 0.0568 0.0572
March 0.0570 0.0557 0.0564
April 0.0571 0.0563 0.0566
May 0.0566 0.0555 0.0560
June 0.0575 0.0558 0.0562
July 0.0582 0.0571 0.0575
August 0.0589 0.0561 0.0569
September 0.0565 0.0550 0.0560
October 0.0556 0.0533 0.0547
November 0.0556 0.0543 0.0551
December 0.0543 0.0532 0.0539